Vol 2 Chapter 742: You are really bad

Chapter Seven Hundred and Forty Two

You are really bad

Lin Feng's mind flashed, and he had an idea in his mind.

"Abby, for now, we can only choose to protect ourselves temporarily." Lin Feng said calmly.

Self-protection? Abby Cohen’s first reaction was to protect himself. After all, he and others have short-selling a large number of Sony during this period of time. Capco and other stocks have short-selling 3.3 million lots (1 lot equals 100 shares). The thrust generated will be immense. There is also "Tokyo Electric Power", which also has 3 million hands, which is a huge amount.

"Lin, this will make the slingshot too high. If the index rises to 8000 points, we won't make money. If it rises to 9000 points, we will lose money." Abby Cohen reminded. The reason why she does not advocate self-protection is because she is afraid that the futures index will eventually be speculated by the Japanese government. At that time, even if Lin Feng made money on stocks, he would eventually be dragged down by futures. After all, Lin Feng also bought 2.78 million futures, which was more than 7,650 points. For every point increase, 2.78 million, Lin Feng would have to pay 278 million yen, or about 3.027 million US dollars.

"Abby, don't forget the'Tokyo Electric Power'. We still have a piece of evidence. Originally, we were acting as a backstop to give the Japanese stock market the last blow, but now we have only made an early appearance. When the stock market rebounds strongly, we will use'Tokyo Electric Power'. Let's ease the upsurge of the entire market." Lin Feng said.

Abby Cohen thought for a while and nodded, it can only be so for now. She had thought of all this, but she couldn't decide for a while. This time it could have easily defeated the Japanese stock market. Unexpectedly, the appearance of this Kroche made everything change. This "slingshot" tactic is very good, but this is also because Japan is the world's second largest economy. If it was replaced by other countries, it would have collapsed a long time ago.

Later, when the market fell to 6780 points, the decline had slowed down and there was a tendency to rebound gradually. If according to the points and stock price technology at this time, Lin Feng 2.3 million Sony, 1 million capco and other 300,000 shares, as for Tokyo Electric Power Company did not dare to move at all, the impact of a move cannot be estimated, and it will directly lead to Lin Feng’s hands. The effect of the evidence is greatly reduced.

Li Zekai and others have closed half of their positions due to their small holdings. Not only have the costs been recovered, they have also made a small profit.

But at this time, the "slingshot" has reached its limit and finally rebounded strongly.

6750! The market soared by 40 points. Throughout the stock exchange center, all Japanese investors cheered. The market finally stopped falling and was finally going to rise.

6790 points! The market rose another 40 points.

The voice is louder! And an even crazier stock-buying frenzy began. No one does not covet such a low stock price, and this stock price is extremely low.

Amidst all the financial speculators stunned, the broad market index rose all the way, and finally rose to 7,650 points before the close in the morning. All speculators can be considered as a waste of work! But apart from handling fees, interest, etc., these financial speculators also made a slight loss. And more importantly, this crazy upward trend is not over yet.

"Long live the Yamato nation!" Deafening cheers erupted from major securities centers in Japan, and various Japanese TV stations also reported on the scene. Watching the excited eyes of many Japanese investors on the TV screen, many people came to share the pie. International financial speculators are not as good as they are on the face. If this trend continues, I am afraid they will lose money in the end, and Japanese investors will make money.

"Damn, what is he doing?" Soros looked at today's trading volume and said indignantly. As the man behind the attack on the Japanese stock market, Lam Fung has also invested the most money, but now he has begun to liquidate his position, which makes Soros a little confused. Withdrawal at this time will undoubtedly contribute to the power of the "slingshot". Isn't it that his millions of futures indicators are no longer needed? That will lose more!

Soros felt a little helpless for the first time. He has always been the banker, and others are idle. Unexpectedly, he became a player this time, and others are called the banker. He felt really aggrieved. Looking at the trend of the market at this moment, he can only hope that Lin Feng has a back hand.

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"Lin, now we have recovered 1.7 million lots from Sony, which is still 600,000 lots. The average price of these 1.7 million lots is 52 US dollars, and we made a gross profit of 20.25 US dollars per share. But the remaining 600,000 lots are probably very difficult. All the acquisitions are back. Now there is a panic buying frenzy. We can’t receive the goods at all. As for capc and other stocks, we have recovered 650,000, with an average price of 31 US dollars, and our gross profit per share is 13 US dollars. Like Sony’s stock, the remaining 350,000 received , I’m afraid it’s hard to get it back, so I can only wait for the forced liquidation!” Abby Cohen reported helplessly.

This is the difference between short selling stocks and short selling futures. Short selling refers to making money as long as the index is lower than the time of purchase at the delivery period, while short selling stocks must be recovered during the delivery period, otherwise they will wait for the forced liquidation of the position at a price higher than the market price. Fortunately, this time Abby Cohen and others had the foresight and slowly recovered them in advance, otherwise the losses this time would be great.

Of course, the real loss is still with "Tokyo Electric Power". Lin Feng still owns 3 million hands. For the entire market, Abby Cohen has not recovered it. If the stock continues to rise, Lin Feng will probably suffer a loss.

"Well, Abby, let's spread the news!" Lin Feng said. Now we can only rely on "Tokyo Electric Power" to disrupt the market's gains.

At 11:30, Tokyo time, a tape came out. The above is a recording of a certain high-level "Tokyo Electric Power". He is very certain that all major power companies in Japan have nuclear leaks and other safety incidents, and they all resort to bribing prosecutors to avoid inspections and deceive public opinion.

The advent of this tape caused an uproar in Japan. Especially in the morning, "Tokyo Electric Power" was still high-profile proclaiming that the nuclear leak was a conspiracy, but now this tape clearly proves that "Tokyo Electric Power" is lying, and more seriously, this tape accuses Japan's top ten electric power companies. The existence of scandals in this area is truly fatal.

For the Japanese, life is very precious, and such a nuclear leak is absolutely inexcusable. Suddenly, the group was indignant, and one after another asked Japan's top ten power companies to give an explanation.

In the face of this sudden time, Krosh glanced contemptuously at Noda Yoshihiko, this kind of evidence was obtained, and he didn't even know what he was really doing.

"Mr. Crosh, rest assured, I will solve this matter." Yoshihiko Noda immediately contacted the major power companies and held a press conference at the first time to clarify the matter. They refuted the authenticity of this tape and warned the Japanese people to calm down and trust the Japanese government. And I strongly urge Japanese investors to believe in the Japanese government's rescue efforts on the stock market and not to panic.

These statements and appeals also temporarily stabilized people's hearts.

After the market opened in the afternoon, the stock index continued to rise after falling slightly. After a period of resistance, international financial speculators have no choice but to give up temporarily. At this time, there is no point in continuing to resist. They can only think of a solution after the market closes. No matter how powerful the "slingshot" is, it has its limits. In particular, the "slingshot" uses people's hearts. When all kinds of unfavorable news appear on the market again overnight, these investors will hesitate again and will not chase the price as crazy as they are now.

The human heart is wonderful and unpredictable!

But I don’t know if Lin Feng and others are really lucky, or Japan is really too bad. At 1:30 in the afternoon, there was heavy snow in Tokyo, and the temperature dropped directly to 0 degrees. What’s worse, At the peak of electricity consumption in Tokyo, there was a sudden large-scale blackout.

That's it! ——Yoshihiko Noda screamed in his heart. This power outage, "Tokyo Electric Power" and other companies' statements are self-defeating.

Sure enough, after witnessing the power outage, many Japanese investors suddenly realized that this "Tokyo Electric Power" nuclear leak must exist, and it is now doubtful whether this phenomenon exists in the entire Japanese Electric Power Company!

In the midst of doubts from all walks of life in the market, the broader market index fell in response. However, because the entire market has risen, although the power company has caused a downtrend, under the "slingshot" aftermath, they eventually canceled each other out. At 2 o'clock in the afternoon Tokyo time, the market closed at 7,600 points, up 180 points from yesterday.

Huh~~~, many international financial speculators breathed a sigh of relief, otherwise they would really be a little unbearable.

"You guys are really bad!" Crosh looked at the helpless Noda Yoshihiko, stretched out his hand and patted his shoulder, it was really speechless to be so degenerate.